Paul Robert Carey Foundation

Analysis

Paul Robert Carey Foundation is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Paul Robert Carey Foundation reported income of $66k and spending of $64k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $67k to $66k (-2.7%), an average of -0.7% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 112% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Paul Robert Carey Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Michigan Pharmacy Foundation ($66k), Theatre Foundation ($66k) and Matt Garcia Foundation ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 121% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.